Why introduce random financial engineering to the mix? Because then it pays for itself. Look at the Nobel prizes. Look at Harvard University. Look at the Norwe

Why introduce random financial engineering to the mix? Because then it pays for itself. Look at the Nobel prizes. Look at Harvard University. Look at the Norwegian pension fund. These are backed by HUGE endowments which pay for themselves with profits earned on the market. They are also extremely stable. On the other hand, look at Social Security in the US. Any sort of benefits program paid for by taxes is exposed to political interference. That makes them inherently unstable.